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Writer's pictureRaymond Chai

OTCbid - MicroStrategy CEO Explains Why Bitcoin Is ‘a Million Times Better’ Than ‘Antiquated’ Gold



" MicroStrategy’s headline-grabbing bitcoin bet was a rational response to a macroeconomy in chaos, said Chief Executive Michael Saylor.

Appearing Tuesday at CoinDesk’s Bitcoin for Advisors virtual conference, Saylor shed new light on one of this year’s biggest cryptocurrency stories: his software company’s recent purchases of $425 million in bitcoin. 

That surprise September move by Nasdaq-listed MicroStrategy marked one of the first – and largest – embraces of bitcoin by a mainstream corporation.


Source: Coindesk





100K BTC SELLER IN PHILIPPINES AVAIABLE

-5% Gross , -3% Net, Bank, Philippines

Look For Buyer Mandate Only - OTCbid.com


NEW: 100K BTC @ -5% Gross -3% Net, Bank, Philippines - Look For Buyer

(Seller : GS HP)

Post: 11.11.2020

​​

  • A Seller in Philippines has 100K BTC @ -5% gross, -3% net.

  • Sellerside = 1%

  • Buyerside = 1%

PROCEDURE:

​​​

  • 1) Seller sends a draft SPA. Within 24 hours, buyer will fill out with buyer´s required details, SIGN and return the SPA to the seller. Within 24 hours, seller will fill out all required details, SIGN and send back the SIGNED SPA on a PDF format.

  • 2) Proof of bank account control: €5 will be sent from buyer’s bank to seller’s designated bank to prove buyer has bank account control.

  • 3) Proof of coins: The seller will show the readiness to proceed for the first tranche by sending a Satoshi from his wallet to the buyer´s wallet to establish the connection between both wallets. The Seller’s source wallet must contain at least 1,000 BTC. (For all following tranches started from new seller’s wallet will be sent only specified amount of Satoshi to the buyer’s wallet, the source wallet(s) must contain at least BTC for current tranche).

  • 4) After the buyer verified the transferring of a Satoshi to his wallet and after the Six (6) confirmations of blockchain, the buyer sends payment by Swift MT103/72 for the current tranche. Scheduled tranches (see Annex A).

  • 5) After receiving and confirmation of the Swift MT103/72 at seller ‘s bank, the seller transfers Bitcoins to the buyer’s wallets for the amount stated in the Swift MT103/72 through BLOCKCHAIN at the rate of the day gross-5 % net -3% discount. The transfer of BTC must be realized within 24 hours after receipt of Swift notification.

  • 6) Buyer will confirm the receipt of the BTC in his wallet.


BUYER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @OTCBIDdotcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com

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